He said Finance Minister Nirmala Sitaraman demonstrated how far removed the government is from the people and their concerns about life, livelihood and the growing inequality between the rich and the poor.
Opposition parties slammed the Union Budget 2023, the last full-fledged Budget of the Modi government in its second term, and said that the Budget offers no solution to address the rampant unemployment, rising inflation as well as the growing inequality between the rich and the poor.
The Union Budget is not people-friendly as it has been prepared keeping in mind the interests of a few businessmen, Jammu and Kashmir People's Democratic Party (PDP) chief Mehbooba Mufti said.
Be it capital expenditure, the asset quality of banks, foreign exchange reserves, GST collections, fiscal consolidation path, and convergence of wholesale and retail inflation, Budget document data showed all these indicators to be on strong ground.
In June 2019, the urban unemployment rate was at 8.9 per cent, which peaked at 20.9 per cent during the COVID period, and has fallen since then to 7.2 per cent in September 2022, data revealed.
Union Minister Piyush Goyal on Wednesday said that the Union Budget 2023-24 presented by Finance Minister Nirmala Sitharaman reflects the mission envisioned by Prime Minister Narendra Modi for India, which is entering the 'Amrit Kaal' to become a developed nation in next 25 years.